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20121006
20121014
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WHUT (Howard University Television) 2
KCSM (PBS) 1
KRCB (PBS) 1
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
WHUT
Oct 10, 2012 7:30am EDT
argued for years for discipline and tax on financial transactions 1. 1 euro zone countries will go ahead with the tax. and they twawant to curb speculative trading and raise revenues for crises that might pop up. finance ministers from spain, italy, slovakia and estonia all threw their weight behind the plan. that brought the number of supporting countries to 11. but european union representatives from britain and netherland are opposed. and won't be implementing the tax. european commission officials say they will propose common rules on the tax when the finance ministers meet again next month. >>> top officials from world of finance, of course, when people at the meetings look around. they might notice some of the colleagues are absent. the finance min steshgs governme -- minister will not attend, many believe the chinese are protesting. conference officials say finance minister, xuchlt ren and governor of the bank of china, xiaochuan will skip the event. saying zhou had a scheduling confli conflict. reporting the nation's deputy bank governor and finance minister will lead the d
WHUT
Oct 9, 2012 7:30am EDT
said planned increases in the consumption tax will not keep japan out of trouble. the economists released their latest report on the fiscal outlooks for various countries. they're predicting japan's debt will rise to nearly 2 1/2 times gdp in 2013 no. now, lawmakers passed a bill to double the consumption tax rate to 10% by 2015 but the imf report says that's just not enough and calling on leaders to carry out additional large-scale tax hikes along with spending cuts and saying japan really needs to generate at least a quarter of a trillion dollars in revenue over the next ten years. that would add up to more than 5% of gdp. here is an interesting sidenote. chinese bankers had planned to be here but they're going to be staying away. state-run xinhua news agency says the bankers are protesting against japan's nationalization last month of islands in the east china sea. japan controls the senkaku islands. chinese leaders say the territory belongs to them. representatives of bank of china, china construction bank and agriculture bank of china will all be skipping the meetings. xinhu
PBS
Oct 11, 2012 5:00pm PDT
satisfied with their government's plan to increase taxes and cut social spending. the jobless rate was 25.1% in july. that's up 0.3 percentage points from the previous months. people between the ages of 15 and 24 are facing the toughest situation. their unemployment rate hit 54.2%. that means one in two is out of work. government leaders are negotiating with the eu and other organizations so they can receive more bailout funds as soon as possible. >>> executives at a maj janese company appears to be dialing up a deal that will give them presence in the united states. softbank is considering acquiring sprint nextel. sprint nextel has more than 56 million subscribers. negotiations are to acquire more than two-thirds of the company's shares. it's expected to reach 2.8 billn. both firmsre providers for apple's iphone and they both use a high speed wireless communication protocol called long term evolution. the stronger yen is believed to be a factor in soft bank's decision in acquiring sprint nextel. they are hoping to vastly expand their network and customer base in the united states wher
KCSMMHZ
Oct 12, 2012 6:00am PDT
during last month. first with the ecb, second with growth. third with tax on financial transactions, which is going to happen between france, spain, italy, and other countries in europe. we are i believe truly taking into account political necessity to confront this crisis. of course it's too slow. we need to implement reforms. we're working on it. >> reporter: moscovici says the french, all europeans, in fact, should follow through with measures to reduce their debts. he said spending cuts are prerequisites for growth in the long run. >> this is why structural reforms are so necessary. and this is why if we need to deal seriously with that, i don't believe austerity is something good for the people. you cannot have growth in the midterm or long term if you've got austerity forever. we need to get out of it, but collectively. >> reporter: they've wrestled some of the same things. he's the president of the european investment bank. european union states have boosted the bank's capacity in an attempt to provide more loans to businesses across the region. >> we were able to considerabl
KCSMMHZ
Oct 11, 2012 6:00am PDT
worry about prosecutors semiing from the u.s., too. many fear predicted spending cuts and tax increases will drive down the u.s. economy over what's called the fiscal cliff. central bankers from the u.s. and elsewhere explained how they were using additional monetary easing to curb their common problems. the ministers and governors didn't emerge with any official statements or even give signs of further coordinated action. they said something they've said before -- they'll keep working on it. reiko sakurai, nhk world, tokyo. >>> the head of the imf is asking those around her to draw on the spirit of their hosts. l christine lagarde says she's impressed by the resilience japanese showed as they worked to recover from last year's disaster. she's calling on leaders to share that sense of cooperation. >> we expect action, and we expect courageous and cooperative action on the part of our members. >> lagarde says she and her colleagues unwhat needs to be done. she's urging banking supervisors to complete the job of rewriting the rules of finance. government leaders need to tackle w
KCSMMHZ
Oct 10, 2012 6:00am PDT
among developed countries. the imf urged japan to raise taxes and cut spending. he said government leaders need to take into account how that might affect the cost of social security and whether it might hinder economic growth. italy's central bank governor ignacio visco said european leaders face budget struggles of their own and they, too, worry about slower growth. now, the panelists said government and commercial banks have become closer in recent years. they said they need to prevent the risks faced by countries from spreading to the banking sector. christian from the central bank said a european banking union could break the link between governments and financial institutions and provide some protection. >>> well, indonesia's minister of finance navigated through the risks and she helped steer that country through the transition to democracy and now she's helping other countries implement their reforms as managing director of the world bank. some regions that are developing the fastest are actually seeing some of the worst cases of poverty, significant portions of their popul
Search Results 0 to 6 of about 7 (some duplicates have been removed)